Plunging Consumer Sentiment Marks Fastest Drop Since 1990
Consumer sentiment continued to worsen in April, declining across all political groups with significant hurdles anticipated in multiple sectors of the economic landscape. April’s Index of Consumer Sentiment, a survey conducted by the University of Michigan, had a final reading of 52.2, declining 8.4% from March’s 57 reading and down an eyebrow-raising 32.4% on a… The post Plunging Cons...
Consumer Sentiment Continues to Crash Amid Economic Uncertainty
Consumer sentiment has now fallen for the fourth straight month as the economy continues to waver under a back and forth on tariffs and trade wars, according to the latest data from the University of Michigan. The preliminary Index of Consumer Sentiment reading for April came in at 50.8, a 10.9% tumble from March’s reading… The post Consumer Sentiment Continues to Crash Amid Economic Uncer...
Baby Boomers Back on Top as Largest Percentage of U.S. Homebuyers
Real estate agents should expect to work the most with older and experienced homebuyers, per the latest data from the National Association of REALTORS® (NAR). NAR’s 2025 Home Buyers and Sellers Generational Trends Report found that baby boomers have overtaken millennials, reclaiming the top spot as the largest share of homebuyers, outpacing younger generations. Millennials,… The post Ba...
Consumer Sentiment Drops Again, Across All Groups
Consumer sentiment continues to take a serious tumble, with members of all political groups beginning to express worry and unease in their economic outlooks, according to the latest data from the University of Michigan. The latest Index of Consumer Sentiment reading came in at 57 for March, falling a whopping 11.9% from February’s 64.7 reading.… The post Consumer Sentiment Drops Again, Acr...
Consumer Confidence Continues to Tumble; Expectations Hit 12-Year Low
Consumer confidence fell for the fourth consecutive month, registering below the threshold for recession indicators for the second straight month—reflecting many consumers’ continued apprehension toward the economy, according to the latest data from The Conference Board. The Consumer Confidence Index® fell by 7.2 points in March to 92.9, similar to the seven-point decrease seen last… Th...
Real Estate Economists Discuss How Tariffs Could Impact Homebuilders, Buyers
President Trump’s 25% tariffs on Mexican and Canadian imports, initially set to go into effect earlier this week on Tuesday, March 4, have been delayed up until April 2. Trump granted Mexico the extension, announcing it via Truth Social post, and just a few hours after, he reversed the order for Canada. For another month,… The post Real Estate Economists Discuss How Tariffs Could Impact Ho...
Consumer Sentiment Tumbles in February, Except for Republicans
Consumers’ sentiment toward the economy distinctly wavered in February for almost all groups across the board, with some disagreement across political parties, according to the latest data from the University of Michigan. The latest Index of Consumer Sentiment reading came in at 64.7 for February, falling a sharp 9.8% from January’s 71.7 reading. The Index… The post Consumer Sentiment Tu...
Consumer Confidence Continues Slide, Remains Above Recession Line
Consumer confidence continued to slide down in January, according to data from The Conference Board, however, experts feel the downtrend is not outside of the range it’s been in the past few years. “Consumer confidence has been moving sideways in a relatively stable, narrow range since 2022. January was no exception,” said Dana M. Peterson,… The post Consumer Confidence Continues Slide...
Consumer Sentiment Rises for Fifth Straight Month in December
The University of Michigan’s consumer sentiment index improved for the fifth consecutive month in December, rising about 3% to its highest reading in seven months. A surge in buying conditions for durables led Current Economic Conditions to soar more than 20%. Rather than a sign of strength, this rise in durables was primarily due to… The post Consumer Sentiment Rises for Fifth Straight Mo...